Guinness Nigeria first quarter profit declines 59% amid economic challenges

NIGERIA – Guinness Nigeria Plc has recorded a 59% decline in operating profit in its first quarter results ending September driven by a drop-in revenue of 4% to N26.9bn (US$74m) from N28bn (US$77.2m) recorded in […]

Guinness Nigeria lays out strategy to bolster growth across categories

NIGERIA – Guinness Nigeria Plc has laid out its plans for its financial year which began in July to build on the company’s 2019 performance focusing on key strategies. The company seeks to grow value […]

Guinness Nigeria launches ‘Baileys Delight’ to expand its product portfolio

NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has launched the ‘Baileys Delight’ a new product to alcoholic beverage line up as it seeks to grow its product portfolio in the highly competitive […]

Guinness Nigeria partners WaterAid in ‘Water of Life’ project in Nigeria

NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has partnered the WaterAid, international non-profit organization, to facilitate the implementation of the ‘Water of Life’ project in Nigeria. The ‘Water of Life’ project aims […]

Guinness Nigeria launches new Premium lager beer to grow its portfolio

NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has launched a new premium lager beer the ‘Guinness Gold’ into the local beer market. The company describes Guinness Gold as a beer that brings […]

Guinness Nigeria’s half year net profits grow 21% to US$7.2m

NIGERIA –  Guinness Nigeria Plc has reported a 21% growth in its net profits to US$ 7.2 million (N2.6billion) during its first half year period ending 31st December 2018 driven by a sharp decline in […]

Guinness Nigeria launches initiative to promote agriculture

NIGERIA ­– Guinness Nigeria Plc, has launched an agricultural scheme under the mantra “Grow with Nigeria” as it seeks to align its operation with the Federal government’s efforts to diversify the Nigerian economy through the […]

Guinness Nigeria posts 14% increase in revenue despite declining beer market

NIGERIA – Guinness Nigeria Plc has reported 14% rise in revenue to US$395.07 million from US$347.93 million recorded in the 2017 financial year despite the continued decline of the beer market, reports Beverage Industry News. […]